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by beagle3
3243 days ago
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The fbar/fatca/fincen filings are insane (assume you have 3 bank accounts, a couple of pension /health spending accounts, a saving account you opened for your kid, etc; and that the total tops $50,000 - you're going to have to file 10-20 pages of details with stiff penalties. Not to mentions that banks and brokers refuse to take you as a customer if you are a US taxpayer. |
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